1. MTNL has given a stellar upmove of 30% in last 1 week on the rumours of it being privatised.
2. It's currently at strong resistance and also has a strong support @15
3. I would advise to wait for some correction to re-enter around 15 levels or let it cross previous peak i.e. enter again 30+. Till then it's risky to enter in the middle of the move.
I personally see that there an be some thing good coming in stock* ( although i dont track them in such price zone) but the stock has good asset in term of land
thus could definitely improove its price
hero or zero BET
Mahanagar Telephone Nigam Ltd. engages in the provision of telecommunications services. It operates through the Basic, and Cellular segments. The company was founded on February 28, 1986 and is headquartered in New Delhi, India.